Coinbase president Emilie Choi expects USDC’s updated reserves policy to be in full effect by September.
USDC Stablecoin Issuer Centre Hires Wall Street Veteran David Puth as CEO
Centre, the Coinbase- and Circle-founded project that oversees the USDC stablecoin, has hired Wall Street veteran David Puth as its new CEO.
‘Gasless’ Technical Update Brings USDC One Step Closer to Venmo
Users do not have to pre-fund their USDC-bearing wallet with ether before every transaction, according to Centre.
Former US Treasury Secretary Larry Summers Expects ‘A Ton of Innovation’ Around Stablecoins
Former U.S. Treasury Secretary Lawrence Summers praised stablecoins last week, saying he sees use cases in cross-border transactions as one example.
Circle Rolls Out Stablecoin Business Accounts, Preps SeedInvest for Sale
Circle is rolling out business accounts denominated in the stablecoin USDC and looking to sell crowdfunding platform SeedInvest as part of an ongoing pivot.
Circle’s Dollar-Tied Stablecoin Fully Backed, Auditor’s ‘Attestation’ Says
Circle Internet Financial had $127.5 million at the end of last month, enough to back the total number of USDC stablecoins in circulation.